The SENSEX Index dropped 374 points or 0.49 percent on Wednesday to close at 76570 points. Losses were led by Mahindra & Mahindra (-2.09%), Asian Paints (-1.86%) and Infosys (-1.86%). Offsetting the fall, top gainers were Adani Ports (1.41%), Power Grid (1.23%) and Tata Motors (0.65%).